2cureX A/S — Credit Rating and Financial Key Figures

CVR number: 29418888
Fruebjergvej 3, 2100 København Ø
ot@2curex.com
tel: 22115399
www.2curex.com

Company information

Official name
2cureX A/S
Personnel
6 persons
Established
2006
Company form
Limited company
Industry

About 2cureX A/S

2cureX A/S (CVR number: 29418888) is a company from KØBENHAVN. The company recorded a gross profit of -10328.6 kDKK in 2023. The operating profit was -22 mDKK, while net earnings were -29.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -139.9 %, which can be considered poor and Return on Equity (ROE) was -322.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 2cureX A/S's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit807.443 248.90-2 974.74-10 190.41-10 328.61
EBIT-4 317.33-2 728.33-11 408.05-20 873.43-21 961.74
Net earnings-3 820.94-3 229.50-9 210.31-15 353.14-29 742.21
Shareholders equity total5 885.692 656.18-6 554.1312 045.216 419.66
Balance sheet total (assets)28 686.0522 800.8514 075.5614 426.6510 205.88
Net debt-5 778.273 062.6614 018.95-1 971.04-6 829.35
Profitability
EBIT-%
ROA-21.3 %-10.5 %-50.8 %-105.5 %-139.9 %
ROE-86.9 %-75.6 %-110.1 %-117.6 %-322.1 %
ROI-33.1 %-12.6 %-57.4 %-124.6 %-289.2 %
Economic value added (EVA)-3 332.78-1 100.24-8 075.41-15 525.71-23 160.20
Solvency
Equity ratio20.5 %11.6 %-31.8 %83.5 %62.9 %
Gearing273.8 %667.1 %-269.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.69.13.63.42.2
Current ratio3.69.13.63.52.2
Cash and cash equivalents21 896.1514 655.883 616.851 971.046 829.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-139.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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